question Who Controls Bitcoin Price?

[dchaser 575]

No single person nor institution controls them. The only control is the “public eye” of the Internet combined with the belief that the underlying algorithms assure the integrity (no falsification, no double-spending, safety of storage) of the currency. The occurrence of a “better” (or at least alternative) form of money is obviously a thorn in the eye of its current monopoly suppliers, I.e. governments and central banks.

Cryptocurrencies are effectively banned in China, india and a few other countries. Most developed nations have taken a “neutral” or no position yet. They focus instead on controlling the exchange of crypto into “real” or so-called “fiat” currencies.

[ReyFG 65]

In my opinion, nobody controls the price of bitcoin, it is only established by the theory of supply and demand. The offer is the force of the market and we already know that BitCoin has a lot of presence in the capital market, while the demand is the service that a person wants to acquire, in this case users want to acquire this currency. In short, the price is the natural rhythm that this cryptocurrency is taking.

[Jeofrey 162]

Supply and demand, there's nothing more to that. Whales can sometimes control the price by suppressing it and make more money by shorting it, but when the demand gets too high, even the whales don't want to hold the bulls down. Those are the fundamental reasons.

 

If you want to know more about predicting those price fluctuations you should study technical analysis, I am not even starting to explain TA in this answer because that's a huge subject with lot's of different opinions and indicators.

[Mark wood 2970]

As everyone know there isn't any person who control the price of Bitcoin that only the price up and down at that time when the buyer and seller are deal some time when no one are buying and selling then the price will goes up..

[Vencedor 37]

I think that the price of BTC is controlled by supply and demand, it is also well known that there are many whales that make the price of BTC go up or down, but by the number of people that are using BTC today

[Honny143 13612]

19 hours ago, Mosharraf said:

You are right my friend @Honny143 ,  to my knowledge Bitcoin is not operated by any organization or any person, the price of Bitcoin depends mainly on the demand and supply of Bitcoin, increase in trade and investment with Bitcoin increases its demand, but the supply of Bitcoin in the world is very good.  ,

Exactly @Mosharraf bitcoin price control by demand and supply theory, and do know bitcoin have only 21 million supply and bitcoin mining also some complected,

so these are all kind of thinks made bitcoin profitable and every day so many new investors join crypto and buy bitcoins, if liquidity increase then price also increased.

[aarteuf 40]

Yes, no one controls them, there is demand there is supply, it's like in stocks, when such a concept was born, where someone said something about a share or a company, or there was a rumor that someone bought there and there, the shares went up, where then the damage or waste, the shares fell, then the same prince, one word is enough for the rate to go up or down, for example, China banned the btc, and someone accepted it as a payment segment in a large company, so it starts to fall, and after a while grow.

[arnosk 228]

Nobody controls it. It is just a matter what the nuyer wnats to pay for it. A gam of supply and demand. And that is influenced by many things. Mostly the emotions of the traders who are influenced by the media or when the S&P stocks are going down.

[Foysal2020 459]

The market controls the price of Bitcoin, when the price of a product goes up in the market, the price of Bitcoin goes up and when it goes down, the price of Bitcoin goes down.

[Kwesib1992 2]

Bitcoin price in the market is set by Demand and Supply force

[mishko334 48]

The price of bitcoin, like every other cryptocurrency or stock, depends on supply and demand. The price is driven by the market players, the so-called bulls and bears. Hence the price depends on the decisions these players make. 

[Dgeo 30]

This is a very simple question. It is demand and supply that controls the price of bitcoin. Another thing is fundamental, which is good and bad news about bitcoin and cryptocurrencies in general. 

[Uda4nik 19]

When bitcoin ratio increase bitcoin prices pumps up, and when selling ratio increase bitcoin prices dump up but so many experts few big whales controls bitcoin prices, but its just some time when they earn profit they leave from crypto currency.

[Honny143 13612]

24 minutes ago, Mosharraf said:

@Honny143,,Hey friends I know Bitcoin has 21 million supplies, and many are mining for Bitcoin, the users of Bitcoin are increasing day by day, as a result its trade and investment is increasing, and as a result the price of Bitcoin is affected, but I want to know 21 millions of Bitcoin  What if Bitcoin becomes useless when the supply of  stops?

No my friend @Mosharraf why are you thinking like that, if bitcoin mining stop then bitcoin prices increase more not bitcoin become useless,

well I know you also know this demand & supply once supply stop means automatically that item demand increased, maybe in this situation bitcoin price reach 100k$ price.

[Emiperez1209 111]

No one specifically, the price can go up or down according to the exchange, that is, there is no individual or institution that can control Bitcoin.

[Honny143 13612]

1 hour ago, kenan 1 said:

@Honny143

As for the Bitcoin price, it is not independent and very volatile
There are many reasons for this
It is said that it needs a huge amount of electricity, to pump and mine this currency

Well @kenan 1  you're right bitcoin price increased behind so many reasons involved, yes bitcoin mining need Hugh capital  special equipments and mainly electricity,

these all thinks need high amount that's why today bitcoin mining not affordable for everyone, so bitcoin mining also effects bitcoin price.

[MLAMECHE01 34]

I think there are people in the world who hold large sums of bitcoin, only these people have the ability to manipulate the bitcoin market in the different markets.

[hansf9 27]

Bitcoin price depends on the demand of the market. When so many people set mind for buying bitcoin. It may happen for some special event. then the price goes up. similarly its price went down when people sell btc 

[david51 44]

Bitcoin price depend on factors such as the demad for it and the supply of  bitcoin, the demand for other cryptocurrencies, the exchanges trading bitcoin, regulation governing bitcoin's sale, and so on.

Edited October 9, 2020 by david51

[JoaoFontes 145]

Bitcoin's price is controlled by supply and demand. Crypto is traded on platforms such as exchanges. As in this case YOBiT. And these negotiations define bitcoin prices.

[Marcelinhodosol 11]

3 minutes ago, JoaoFontes said:

Bitcoin's price is controlled by supply and demand. Crypto is traded on platforms such as exchanges. As in this case YOBiT. And these negotiations define bitcoin prices.

So, in this case, if there is a lot of demand, the price goes up right?

[holyguaca93 30]

Bitcoin price depends on supply and demand. I assume the price can be regulated by investors with large deposits.

[JoaoFontes 145]

supply and demand are the main factors that determine the price of Bitcoin. This extends to several other assets, including ethereum, including. This supply and demand usually varies between trading platforms (exchanges), which have different volumes. they say and see Bitcoin being traded at different prices on each exchange

[Marcelinhodosol 11]

1 minute ago, JoaoFontes said:

supply and demand are the main factors that determine the price of Bitcoin. This extends to several other assets, including ethereum, including. This supply and demand usually varies between trading platforms (exchanges), which have different volumes. they say and see Bitcoin being traded at different prices on each exchange

Well, I see, that’s the same for all other currencies, right?

[Honny143 13612]

33 minutes ago, Mosharraf said:

@Honny143,,,We all know that Bitcoin has no regulator, but as the price of Bitcoin fluctuates through cryptography, the demand and supply of Bitcoin increases the price of Bitcoin, but when the supply of Bitcoin stops, the price will reach $100k,  No one knows when it will arrive

@Mosharraf exactly no one predicts when bitcoin reach 100k$ dollars, because 100k$ not a small price but so many crypto experts believed one day bitcoin surely reach 100k$ prices in future,

maybe 30 or 40 years after we see this miracle in crypto world, so why not we store our bitcoins for long time because in crypto world anything happens.